10 Quick Facts About Polaris Bank MD, Tokunbo Abiru

10 Quick Facts About Polaris Bank MD, Tokunbo Abiru

10 Quick Facts About Polaris Bank MD, Tokunbo Abiru

 

Recent updates reaching BlackBox Nigeria has it that the Managing Director and Chief Executive Officer of Polaris Bank, Tokunbo Abiru has been penned down as the anointed candidate for the Lagos East Senatorial District.

Below are 10 facts Tokunbo you may not know yet…

 

  • He is a graduate of Economics from the Lagos State University
  • He was appointed Commissioner for Finance in Lagos State by then Governor, Babatunde Raji Fashola, SAN and was in office between 2011-2013.
  • Among Tokunbo Abiru’s feats as Commissioner for Finance in Lagos was the increased in revenue generated via the Land Use Charge which rose to N6.2bn
  • He has worked in several arms of First Bank of Nigeria and rose to the position of Executive Director
  • He has also served in various reputable boards such as Airtel Mobile, FBN Capital, NIBBS.
  • He is an alumnus of Lagos Business School and Harvard Business School, a fellow of the Institute of Chartered Accountants of Nigeria and Honourary Fellow of the Chartered Institute of Bankers of Nigeria.
  • He was appointed by the Central Bank of Nigeria in July 2016 as Group Managing Director to lead the turnaround of Skye Bank headed by the apex bank in a bid to preserve the stability of the Nigerian Financial System.
  • His success at his CBN’s appointment birthed today’s Polaris Bank Limited.
  • Tokunbo is also a member of Lagos HOMs Committee, in charge of Lagos State Home Ownership Mortgage Scheme.
  • He has emerged as the consensus candidate for the Lagos East Senatorial District election by the ruling All Progressives Congress. The seat became vacant following the death of Senator Bayo Osinowo
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